We are still below the demerger valuation, so still some way to go. The image below is from October 2019 and shows ITG lightly lower than Cardno. Earnings are looking better now, they are paying a dividend and the demerger TSA which cost $3.9m ended 31Dec 2020 — this should increase cashflow.
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MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
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